Interested to Buy Any Domain ? << Click Here >> for more details...
Journalise the following Entries?
Outstanding salary of rs. 20000/-
Prepaid insurance of rs. 5000/-
- 13 Answers
- 28006 Views
- OPI Global, I also Faced
- E-Mail Answers
Answer Posted / sajeermoidu
staff salary a/c dr....20000
to salary payable a/c.........20000
here staffsalary are shown in p&l a/c and salary payable a/c
is shown in the liability side of the balace sheet as
current liability
prepaid insurence a/c dr......5000
to cash/bank.......................5000
here
prepaid insurence is shown in the asset side of the balance
sheet as current asset
| Is This Answer Correct ? | 10 Yes | 17 No |
Post New Answer View All Answers
Is sales against H Form Either in Punjab or out of Punjab treated as Zero rated sales in vat 15 form in Window showing as Break up of Zero rated sales: Direct export out of country; Sales against H Forms Or it is treated as seprate
Define previous year.
WHAT IS THE PENALTY CHARGE BY THE SALES TAX DEPARTMENT IF WE ARE ENABLE TO FILE SALES TAX RETURN AFTER ONE MONTH FROM END OF THE IVQ-2012-13.
if the reparing & machinery maintanance for one party the whole year payment paid rs.75000/- crossed than tds is deducted from amount
What r the foll tax deductions for :- 1.TDS 2.WCT Give me answers in detail & give me some addtional info on these topics which would be helpful for me.
Pls give a details knowledge of Income Tax (including TDS, TCS)duty paid online form no., due date, return form no. and due date, limit of turnover for auditing, procedure of auditing and income tax depreciation, etc.
WHAT IS THE MAIN OBJECTIVE TO ISSUE THE WAYBILL TO THE SUPPLIER ? WHAT IS THE TAX LIABILITY ARISES ? WHO HAS THE OBLIGATION TO PAY THE TAX ?
What is CAARO?
What's format of CMO & CMA Data?
is WCT applicable one time? and what will be rate of WCT in UP State?
WHAT IS THE LIMIT ABOVE WHICH WE CAN DEDUCT THE TDS ON VARIOUS CATEGORY LIKE PRIFESSION, CONTRACTOR, INTEREST, RENT, SALARY ETC.
When and how Wct is applicable on Labour Job Work and what is the percentage?
WHAT IS THE DIFFERED ASSET , WHAT IS THE PROVISION OF IT GIVT ME THE EXAMPLE WITH ENTERY ON MY E.MAIL sonidilip87@yahoo.com
Should WCT deduct on Invoice where VAT charged but service tax not charged as service tax is not applicable to concern vendor (vendor gross income under 10Lacs)?
is a pvt ltd. comp. can give advance against salary to his director.
